Hanover College — acceptance rate 84%, tuition $41,092Hanover College campus, Hanover, IN. Photo: Jo3, CC BY 4.0 via Wikimedia Commons.
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Rating Context:⚠️ Limited Data Available. Some metrics for this institution are incomplete or unavailable, which may affect the overall grade. Consider researching this school directly for the most current information.
Suggested Focus: For this type of institution, we recommend prioritizing the
Outcomes Score (B+)
which measures graduation and job placement rates — the most relevant metrics for career programs.
Graduation Rate: 64%
Outcomes
B+
77/100
Affordability
F
10/100
Resources
C+
57/100
Experience
A+
94/100
Prestige
D
30/100
Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology
Quick Stats
1,157
Total Enrollment
64%
Graduation Rate
83%
Retention Rate
11.0:1
Student-Faculty Ratio
84%
Acceptance Rate
N/A
Avg Net Price
Earnings, Debt & Completion
What happens to students who enroll at Hanover College, from the U.S. Department of Education’s College Scorecard.
$53,957
Median earnings 10 yrs after entry
$42,876
Median earnings 6 yrs after entry
$25,250
Median debt at graduation
67.1%
Completion rate (within 150% of normal time)
1,201
Average SAT
28
Median ACT
25.8%
Students receiving Pell grants
Typical debt at graduation equals about 47% of one year’s median earnings ten years after entry.
Earnings rank: 60th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (IN wage index 0.87). This drives the Outcome Rating.
Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.
Earnings by Major at Hanover College
Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.
Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.
For parents & investors
The Hanover College Town Property Report
Avg home value near campus: $225,944
Avg rent near campus: $963/mo — vs ~$747/mo campus room rate
Top nearby ZIP by cap rate: 47138 (3.9% cap, Lexington)
Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield,
and the “kiddie condo” strategy parents use.
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Costs & Financial Aid
Tuition & Fees
Category
In-State
Out-of-State
Tuition
$41,092
$41,092
Room
$6,725
Board
$6,833
Total Cost (On-Campus)
$59,152
$59,152
Financial Aid
100%
Receive Any Aid
29%
Receive Pell Grants
90%
Take Out Loans
N/A
Avg Net Price
Programs & Career Paths
Top Degree Programs
Programs ranked by number of degrees awarded annually.
Hanover College has an acceptance rate of 84%.
This indicates a less selective admissions process with good chances for qualified applicants.
How much does it cost to attend Hanover College?
Tuition at Hanover College is
$41,092 for in-state students
and $41,092 for out-of-state students
.
What is the graduation rate at Hanover College?
The graduation rate at Hanover College is 64%.
This is a solid graduation rate, showing that most students who enroll successfully complete their degrees.
Is Hanover College a good school?
Hanover College has a Repit College Score of 53/100 (Grade: C).
Our rating evaluates five key factors:
Outcomes (B+): Graduation and retention rates
Affordability (F): Net cost and financial aid access
Resources (C+): Class sizes and selectivity
Experience (A+): Campus life and learning format
Prestige (D): Reputation and recognition
Note: As a smaller institution, we recommend focusing on the Outcomes score when evaluating this school.
How many students attend Hanover College?
Hanover College has a total enrollment of 1,157 students.
Most students (99%) are traditional college-age (18-24).
Deciding between a dorm and buying near campus? Run the numbers for Hanover College — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →
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